Clik here to view.
Southwest's CEO says he thinks it's safe to fly despite the pandemic, and...
Southwest Airlines CEO Gary Kelly said that he thinks it's safe to fly, despite the coronavirus pandemic continuing to rage around the US.On CBS News' "Face the Nation," Kelly also said that he thinks...
View ArticleClik here to view.
US stocks climb amid rally in tech shares, oil prices
US stocks rose on Monday, reversing earlier losses, as crude oil prices rallied for a fourth straight day. Energy and mega-cap tech stocks led the way higher.Investors shrugged off renewed concerns...
View ArticleClik here to view.
Traders betting against airlines made $188 million in a single day after...
In just one day, traders betting against airlines made $188 million in mark-to-market profits, according to a Monday note from Ihor Dusaniwsky, the managing director of predictive analytics at S3...
View ArticleClik here to view.
Frontier Airlines will make passengers pay extra to social distance on its...
Frontier Airlines is offering a new seat type for passengers looking to social distance in the skies.The "More Room" seat offers a blocked middle so passengers aren't sitting directly next to each...
View ArticleClik here to view.
Why Warren Buffett bet on the 'big 4' airlines against his own advice, then...
Warren Buffett's Berkshire Hathaway sold its stakes in the "big four" US airlines at a loss in April, the famed investor revealed on Saturday.The Berkshire boss has been burnt by airlines before, and...
View ArticleClik here to view.
Richard Branson's Virgin Atlantic will cut thousands of jobs, retire its most...
Virgin Atlantic plans to cut more than 3,000 jobs and close its London Gatwick base as it tries to save cash and weather the COVID-19 pandemic.The airline also said it would retire its iconic Boeing...
View ArticleClik here to view.
JetBlue is giving away free flights to 100,000 healthcare workers — here's...
JetBlue said it will give a pair of free tickets to 100,000 healthcare workers as thanks for their work during the coronavirus pandemic.Active healthcare workers, public health officials, and first...
View ArticleClik here to view.
Investors bet against Warren Buffett as airline ETF sees 1,600% surge in fund...
Warren Buffett revealed over the weekend that Berkshire Hathaway had liquidated its entire stake in airline stocks, saying the position "was a mistake."Investors are betting against Buffett, as...
View ArticleClik here to view.
Lawmakers are slamming Frontier Airlines after it tried to market...
Frontier Airlines canceled plans to let customers pay to block middle seats next to them during flights for social distancing, just one day after announcing it.The plan was swiftly criticized as...
View ArticleClik here to view.
Boeing says it's about to start building the 737 Max plane again in the...
Boeing seeks to resume production of the 737 Max this month, CEO Dave Calhoun said on Friday.The plane has been grounded worldwide since March 2019, and production has been suspended since January,...
View ArticleClik here to view.
The coronavirus pandemic taught me I was booking travel wrong in 5 ways I...
As a seasoned traveler, I thought I knew all the best practices for booking travel before the coronavirus pandemic hit.But I was proved wrong.Having canceled a trip to Europe that was booked 10 months...
View ArticleClik here to view.
Airports are being repurposed as drive-in movie theaters, morgues, and a...
The past few weeks have seen airports around the world being repurposed as their primary uses have been interrupted by the COVID-19 pandemic. While they can't service the same number of their normal...
View ArticleClik here to view.
Don't expect an automatic refund from airlines: Here's why they don't refund...
Some airlines are being less than forthcoming with refunds despite a record number of cancellations during the COVID-19 pandemic. Dwindling cash reserves and decreased revenues have made airlines more...
View ArticleClik here to view.
Richard Branson's Virgin Galactic drops 5% after it says it will sell $492...
Shares in Richard Branson's Virgin Galactic slipped 5% in morning trading Monday after the company said it would sell up to 25 million shares to raise money for the Virgin Group's struggling leisure...
View ArticleClik here to view.
A Florida airline could go under because the US Treasury Department held up...
Miami Air International, a Florida-based charter airline, has ceased operations and is set to liquidate this week, after customer demand dropped to near-nothing because of the COVID-19 pandemic.The...
View ArticleClik here to view.
Here's how the airport experience will likely change post-pandemic, according...
Airports are using their downtime inflicted by the coronavirus pandemic to envision their role in the future. Jorge Roberts, CEO of AvPORTS, told Business Insider that he believes the role of airports...
View ArticleClik here to view.
I've taken over 100 flights in the past 2 years. Here's how I'll travel on...
The novel coronavirus pandemic has forced me to think about my travel habits as the world prepares to re-open.While I normally gave little thought to health and safety when flying, only taking basic...
View ArticleClik here to view.
How the coronavirus pandemic will permanently change the transportation...
The coronavirus pandemic has changed the way we live, travel, and spend our money — both temporarily and permanently. The transportation industry, like much of the global economy, is a completely...
View ArticleClik here to view.
Many of the world's airlines could be bankrupt by May because of the COVID-19...
The aviation consultant CAPA warned that "most" of the world's airlines could be bankrupt by the end of May, due to the ongoing coronavirus pandemic.Although President Donald Trump signed a $58 billion...
View ArticleClik here to view.
Boeing's CEO says a major US airline could collapse this year because of the...
Boeing CEO David Calhoun said that a major US airline could fail this year, as the coronavirus pandemic continues to devastate the airline and aerospace industries.Calhoun's comments came during a...
View Article